Here's how families plan to use their Child Tax Credit money
It was a choice between "back-to-school stuff or food" before the first government check arrived, one mom said.
Child Tax Credit
June retail sales numbers show spending in U.S. is up
The U.S. Census retail sales report for the month of June was released on Friday and to many analysts, the numbers were promising. The 0.6 percent bump in sales is significant, the Commerce Department says, since the last rise of this size was last seen in March 2021 around the time stimulus checks were doled out. Diane Swonk, chief economist for Grant Thornton, joined CBSN to help make heads or tails of what the rise could mean for Americans.
Child Tax Credit: How much you'll get — and how to opt out
Questions abound about the new tax program, ranging from whether newborns can get checks to the impact of marital status.
Biden hosts German Chancellor Angela Merkel
On Thursday, President Biden hosted German Chancellor Angela Merkel for what's likely to be her last visit to the White House as the leader of Germany. CBS News correspondent Skyler Henry reports on what the two leaders discussed, then CBSN anchor Lana Zak and CBSN political contributor Sean Sullivan discuss how the two leaders reaffirmed the relationship between their nations, and America's newly enhanced child tax credit.
Biden meets with Germany's Angela Merkel
President Biden met at the White House with German Chancellor Angela Merkel on Thursday as he seeks to reaffirm the U.S. relationship with European allies. CBSN Washington reporter Caitlin Huey-Burns, NPR's White House correspondent Tamara Keith, and Axios' political reporter Sarah Mucha join "Red and Blue" anchor Elaine Quijano to discuss the day's political headlines, including a meeting between House Republican leader Kevin McCarthy and former President Donald Trump.
Child Tax Credits land in families’ bank accounts
The IRS has begun distributing payments to eligible families with children under age 17 as part of the Child Tax Credit. Households will receive up to $300 a month for each child.
Biden celebrates "life-changing" Child Tax Credit payments as checks go out
Democrats push for payments to extend beyond 2021 as the first checks hit bank accounts July 15
Biden and Harris on Child Tax Credit payments
President Biden said it was a "historic day" as roughly $15 billion were distributed to the families of nearly 60 million children in the first monthly payments of the advanced Child Tax Credit. He and Vice President Kamala Harris spoke Thursday about the payments. Watch their remarks.
Biden urges Democrats to back budget plan
President Biden met with fellow Democrats on Capitol Hill to shore up support for a new $3.5 trillion budget plan that could include an expansion of new Child Tax Credit payments. Republicans won't back the plan, so every Senate Democrat needs to be on board in order for it to pass. CBS News senior White House and political correspondent Ed O'Keefe joined CBSN to discuss.
House Democrat on Child Tax Credit and more
Millions of parents across the country could see extra money in their bank accounts starting Thursday as the new monthly Child Tax Credit payments begin. The rollout comes after President Biden met with fellow Democrats on Capitol Hill to shore up support for a $3.5 trillion infrastructure plan that could include expanded Medicare coverage, money to fight climate change and a pathway to citizenship for certain immigrants. Congressman Ro Khanna, a Democrat from California, joined CBSN's Tanya Rivero to discuss.
Child Tax Credit: Here's when payments will hit accounts
IRS sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.
Families set to receive child tax credit payments
The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.
Democrats unveil $3.5 trillion budget
President Biden held a high-stakes meeting with Senate Democrats as he seeks support for a $3.5 trillion spending plan. Kris Van Cleave has the latest.
Budget deal, crime concerns, troop withdrawal
CBS News correspondent Natalie Brand, National Journal columnist Josh Kraushaar, and BuzzFeed News political reporter Kadia Goba join "Red and Blue" anchor Elaine Quijano to discuss Senate Democrats' $3.5 trillion budget deal, a new poll on concerns about rising crime, and how the White House says it will help those who assisted the U.S. during the war in Afghanistan.
How child care affects U.S. economic recovery
Millions of eligible families will receive the first in a series of monthly payments of the expanded Child Tax Credit this week, which could help parents and guardians struggling to pay for child care. Richard Weissman, CEO and founder of The Learning Experience, joined CBSN to discuss why child care is so crucial to the nation's economic recovery.
Biden to discuss nationwide gun violence surge
President Biden will focus on the recent surge in crime and deadly gun violence across the country during a high-stakes meeting Monday at the White House with Attorney General Merrick Garland, New York City mayoral candidate Eric Adams, local leaders and law enforcement officials. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with the latest developments.
Stimulus aid roundup: Here are benefits you might have missed
Some people may qualify for more stimulus cash than they realize, while other programs can offer surprise benefits.
Child Tax Credit: Here's who will get up to $1,800 per child in cash
The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.
Understanding the new child tax credit plan
Millions of families will receive monthly cash payments thanks to the new child tax credit plan. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain who qualifies and how much they'll get.
Biden economic adviser talks Child Tax Credit
The Biden administration wants to raise awareness about the government's expanded Child Tax Credit, the monthly payments to families the administration is pushing to put in place long term. Heather Boushey, a member of the White House Council of Economic Advisers, joined CBSN to discuss how an extension would be paid for and how the program would affect child poverty.
Expanded child tax credit starts next month
The Biden administration will begin investing in low- and middle-income families through the expanded child tax credit program starting next month. Eligible parents with children under 18 will receive monthly payments this year to help with the cost of raising kids. CBS MoneyWatch reporter Aimee Picchi joined CBSN to discuss who is eligible and how much they'll receive.
White House press secretary on Biden's domestic agenda
Some of President Biden's key legislative priorities face tests this week, as lawmakers continue to negotiate an infrastructure plan, voting rights legislation and police reform. White House press secretary Jen Psaki joins "CBS This Morning" to discuss.
Democratss press forward with election reform vote
Senate Majority Leader Chuck Schumer will hold a procedural vote on Democrats' S1 or the "For the People Act" on Tuesday, despite opposition to the bill from Republicans and even members of the Democratic party. CBS News congressional correspondent Nikole Killion, Politico "Playbook" co-author Tara Palmeri and LA Times White House reporter Eli Stokols join CBSN's "Red and Blue" anchor Elaine Quijano with details on the battle over voting rights, the latest on infrastructure negotiations and a new poll that shows conservatives rallying behind Florida Governor Ron DeSantis over former President Trump.
#MoneyTok: The expanded child tax credit
President Biden's expansion of the child tax credit will put cash in the accounts of qualifying families every month, starting July 15. Here are the details.
Millions to receive 2021 child tax credit
A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.
Live
Iran's top diplomat and Trump cast doubt on any hope for a peace deal
Iran's foreign minister says Tehran is interested only in a deal to fully end the war, not a ceasefire, after Trump says there's currently no dialogue at all.
Trump says he expects to meet with North Korea's Kim Jong Un this year
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Shapiro on data center order: "I don't want developers running roughshod"
"We've seen too many developers who are trying to bulldoze our community," Pennsylvania Gov. Josh Shapiro told "CBS Mornings."
Army unit offers 4-day pass to play Grand Theft Auto as reenlistment incentive
Eligible soldiers must reenlist for a minimum of two years and up to six years.
Florida democratic socialist Angie Nixon says "it's not about labels"
Florida state Rep. Angie Nixon defeated Alex Vindman in Tuesday's primary, setting up the race against GOP Sen. Ashley Moody in November.
Israel orders criminal probe into killing of 5-year-old Hind Rajab in Gaza
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Who is Natalie Harp? Trump's loyal assistant suddenly in the spotlight
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
She's lived through unimaginable grief. Her advice: "Reach for the joy."
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
U.S.
More U.S.
Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Army unit offers 4-day pass to play Grand Theft Auto as reenlistment incentive
Eligible soldiers must reenlist for a minimum of two years and up to six years.
Shapiro on data center order: "I don't want developers running roughshod"
"We've seen too many developers who are trying to bulldoze our community," Pennsylvania Gov. Josh Shapiro told "CBS Mornings."
Florida democratic socialist Angie Nixon says "it's not about labels"
Florida state Rep. Angie Nixon defeated Alex Vindman in Tuesday's primary, setting up the race against GOP Sen. Ashley Moody in November.
Ohio death row inmate, backed by ex-sheriff, asks for full pardon
Tyrone Noling has spent 30 years on death row for the double murder of an elderly Ohio couple that he insists he didn't commit.
MoneyWatch
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Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Inflation is outpacing wages again. Many workers were already behind.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
State Farm is sending refund checks to customers. Here's who qualifies.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
DEI policies brought no financial penalty to firms, study finds
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Politics
More Politics
Trump says he expects to meet with North Korea's Kim Jong Un this year
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Army unit offers 4-day pass to play Grand Theft Auto as reenlistment incentive
Eligible soldiers must reenlist for a minimum of two years and up to six years.
Shapiro on data center order: "I don't want developers running roughshod"
"We've seen too many developers who are trying to bulldoze our community," Pennsylvania Gov. Josh Shapiro told "CBS Mornings."
Florida democratic socialist Angie Nixon says "it's not about labels"
Florida state Rep. Angie Nixon defeated Alex Vindman in Tuesday's primary, setting up the race against GOP Sen. Ashley Moody in November.
Prosecutors say bullet engraving shows Charlie Kirk was shot over his politics
Prosecutors in Charlie Kirk's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
HealthWatch
More HealthWatch
Moderna stock surges as melanoma vaccine trial shows "landmark moment"
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
She's lived through unimaginable grief. Her advice: "Reach for the joy."
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
Moving Through Grief
August is National Grief Awareness Month, and Kate Doerge wants to reimagine how we deal with grief. After the experience of losing her 16-year-old daughter, Kate decided it was time to reframe the feeling of sadness. We've all heard of the five stages of grief, but Kate suggests there are five actions to help you learn how to carry your grief. Plus, Norah talks about how she wants to be remembered, and Kate tells us how to show up for people who are grieving.
Ebola Congo cases surpass 5,000 as record-setting pace of spread continues
The Ebola outbreak in Congo has passed 5,000 cases, government data showed, an unprecedented rate of spread that's outpacing efforts to slow it in one of the country's remotest regions.
From 2024: Tommy John on Tommy John surgery, before and after
In this interview from 2024, former pitching ace Tommy John talked with correspondent Faith Salie about the injury to his pitching arm he suffered in 1974, and about the innovative procedure (which came to be known as "Tommy John surgery") that rescued his career – and would prolong the careers of many more professional and amateur athletes since. [John died on Aug. 15, 2026 at age 83.]
World
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Israel orders criminal probe into killing of 5-year-old Hind Rajab in Gaza
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
Trump says he expects to meet with North Korea's Kim Jong Un this year
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Australian tennis player Nick Kyrgios suspended after positive cocaine test
Australia's Nick Kyrgios has been provisionally suspended from professional tennis after testing positive for cocaine during a tournament in Mallorca.
Bodies of climbers who vanished 34 years ago found in Swiss Alps
The bodies of two climbers who disappeared in the Swiss Alps in 1992 have been found, freed from a melting glacier, police said.
Australian woman appeals murder convictions in poison mushroom case
Triple-murderer Erin Patterson appeals convictions for poisoning four of her estranged husband's relatives with death cap mushrooms.
Entertainment
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Entertainment
"Recess Therapy" host on embracing kid behavior
Julian Shapiro-Barnum is known for his conversations with kids on his series "Recess Therapy." He tells "CBS Mornings" why he thinks adults need to act more childish and embrace some behaviors of children.
Isla Fisher talks "Spa Weekend"
Isla Fisher gives an inside look at the new film, "Spa Weekend," how it highlights the importance of female friendships and how the star-studded cast connected.
Frank Beard, ZZ Top drummer, dies at age 77
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Panettiere was with on-and-off boyfriend when she died, police report says
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads 2026 MTV VMAs with 11 nominations
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Technology
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Technology
OpenAI launches updated ChatGPT for teens
OpenAI is launching a newer version of its teen-friendly ChatGPT platform. Rebecca Bellan, a senior reporter for TechCrunch, joins with more details on its tools.
Pennsylvania restricts data center development
Communities across the U.S. are grappling with data center development projects. Matthew Mehalik, the Breathe Project executive director, joins CBS News after Pennsylvania Gov. Josh Shapiro placed guardrails on data center development for his state.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
OpenAI debuts ChatGPT for teens
OpenAI has launched a chatbot marketed for teens that the company says will provide stronger protections as concerns over AI safety increase. Axios Chief Technology Correspondent Ina Fried joins "The Takeout" to discuss.
Meta's federal trial begins over child social media addiction claims
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Details emerge on Tupac's murder
Duane "Keffe D" Davis, who is accused of orchestrating the 1996 murder of Tupac Shakur, is back in court for the third day of his trial as more details emerge on the potential motive behind the fatal shooting. CBS News' Katrina Kaufman has more.
Man in Chucky-style mask chases people
Police are searching for a man accused of wearing a Chucky-style mask and chasing people in Philadelphia. Lilia Luciano spoke with a woman who said she fought back against him.
Prosecutors say bullet engraving shows Charlie Kirk was shot over his politics
Prosecutors in Charlie Kirk's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
Details on Meta trial over addiction claims
Meta is standing trial over claims that it intentionally designed its products to be addictive and therefore harmful to children. Lance Ulanoff, editor-at-large at TechRadar, joins "The Daily Report" to discuss.
Clancy's former mother-in-law testifies
Lindsay Clancy's former mother-in-law, Susan Clancy, took the stand Tuesday to offer testimony as Lindsay Clancy stands on trial for the killings of her three children. CBS News' Shanelle Kaul has more.
Space
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NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
DOJ plans to send out more poll monitors
The Department of Justice plans to send out a record 1,000 federal monitors to polling sites across the U.S., a higher number than is usual. CBS News' Sarah Lynch explains what's behind the push.
Vaccine exemptions hit record last year
Kindergarten vaccine exemptions hit a record high last year in the U.S., according to Centers for Disease Control and Prevention data. Dr. Celine Gounder breaks it down.
H.R. McMaster on Trump, South Korea
The U.S. and South Korea will cut short their annual joint military exercises at the behest of President Trump, who is apparently seeking a meeting with North Korean dictator Kim Jong Un, according to a report from The Wall Street Journal. Retired Lt. Gen. H.R. McMaster joins CBS News with his reaction.
OpenAI launches updated ChatGPT for teens
OpenAI is launching a newer version of its teen-friendly ChatGPT platform. Rebecca Bellan, a senior reporter for TechCrunch, joins with more details on its tools.
Big Bend project paused after backlash
A major Trump administration border project at Texas' Big Bend National Park is on pause amid backlash over land use. Yolanda Alvarado, a regional director for No Big Bend Wall, has more.